Dear Reader, The FED will cut rates in weeks, the E.U. will begin a new round of quantitative easing, and the world, including the U.S., is headed to negative interest rates becoming the norm. Debt… China, the U.S., the E.U., this entire boom, recovery, retardation of...
Dear Reader, The Federal Reserve will likely begin to speed up the devaluation of the United States dollar soon. Be prepared because the dollar may not be the world’s reserve currency for much longer. In an open letter from Wall Street economist Steven Ricchiuto to...
Dear Reader,According to Vanguard, the median account value for people 65 or older is a measly $58,000! My goodness, if the baby boomers (who perhaps had the best setup of any generation) couldn’t get over the line, how in the world are Gen Xers or millennials going...
Dear Reader, Have you ever seen the media so giddy about that chance for a recession or stock market crash? Seriously, I’ve never seen anything like it. In 2008, they fought the idea of a crash or recession until the morning Lehman filed bankruptcy. In 2019, they’re...
Dear Reader, A Danish bank is offering borrowers negative interest rates. That means the bank is literally paying debtors to borrow money. This sure sounds like a win for those going into debt, but there’s a reason why no one should wish negative interest rates on...
Dear Reader: If you have not yet taken the time to prepare your personal finances for an economic downturn, or even a mild uncertainty, now is the time to do so! When everything goes haywire, having your personal finances in order will leave you in better shape and...
The manufacturing industry has officially entered a recession as the middle class loses optimism in the current economy. As the trucking industry fails, and manufacturing is diminished in the United States, families are failing to see any light at the end of the...
Dear Reader, This year has been a good one for gold. Even though it dipped slightly on the news of a trade deal between Washington and Beijing, it continues to prove itself as a real currency an holdable asset. In a world full of fiat currencies that are rapidly...
Dear Reader: I’ve been saying that the data the mainstream media has decided to allow us to hear is manipulated for a while. Stocks are high because of massive corporate buybacks, and that has nothing to do with the everyday person I’ve been trying to warn, but...
Dear Reader, Governments around the world are going to pump the markets higher than any of us can even fathom. They don’t even have a choice: the entire pension system, socialized welfare state, and underpinnings of our debt-fueled economy are completely dependent on...